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AAP
AAP
Politics
Kat Wong, Andrew Brown and Adrian Black

Impact of $16 billion HECS debt cut 'kind of invisible'

Experts say planned cuts to HECS debts will have minimal impact on most people's lives. (Lukas Coch/AAP PHOTOS)

Middle and high-income Australians are set to benefit most from a plan to slash student debt but even then, it won't significantly change their lives, an economist says.

The federal government has promised to spend $16 billion on cutting debt by 20 per cent for more than three million tertiary students.

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